Categories
Employment & Education Energy & Environment

ChinaCoal to reallocate 9,300 workers in capacity cut

ChinaCoal, China’s second-largest coal producer, plans to divert around 9,300 coal workers, about 10% of its workforce, to new jobs, the company’s spokesperson said on Wednesday. Part of a plan to reduce mining capacity by 17 million tonnes a year in 2017, ChinaCoal will offer the coal mine employees training and help them look for jobs with other companies, the Nikkei Asian Review reports.  “We plan to offer training to the 9,300 workers that will be diverted,” said the spokesperson. “Some of these people will remain within ChinaCoal. We will also help these employees look for jobs with other companies if they opt to leave ChinaCoal.” ChinaCoal’s current annual capacity is 277 million tonnes from 44 mines. ChinaCoal’s total workforce will drop to around 95,000 from 100,000 by the end of 2017.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading